Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 2226. (Read 9723926 times)

I know you have already recanted some of what you said here, and I agree with the counter arguments already presented so I wont repeat those. But I would like to add that home mining is not dead. I am running over 11TH from my home at a profit. I admit it will be a struggle to keep Bitcoin mining decentralized but the more home miners there are the more likely we will succeed in this goal. The trick to being a successful small Bitcoin miner is buying the right equipment at the right time, and also having a low electricity cost. I am also mining DASH and Monero with some GPU rigs.

I downloaded Coinffeine on the first release day, but there was nobody to trade with.  Now my trades are going and it is working.  A little CPU intensive, but works. 

The site says there are fees with the payment processor.  So that would be Okpay on the test software.  The entire idea is pointless if we still need to go through Okpay with a 7% fee or something.  Like TanteStafana2 is saying it looks centralized, and if it still goes through a single payment processor it is no different that what is already available.  Maybe Paypal, Dwolla, and Okpay will compete as payment processors and get the fees under 1%.  I see the payment processor as the potential problem here.

Oh yeah,I feel like we're close to / or we've hit a floor

2th time we've hit this level,and the lower(0.0099) we've hit on a panic dump without wall,we're going to move up from now I think,doesn't have get my masternode,but I've get more than 100 dash more with this trading month,not sooooo bad,I could be more patient,but danm Dash is much way undervalue.

Also its good thing we've seen more and more trading coin like crave,sling or other using Dash code,these people will sooner or later coming back in the true dash side

Back to the future - episode 5

Actually they made a secret pact with America and the UK in the 1960's but its meant to have ended due to Snowden.
http://www.bbc.co.uk/news/world-europe-23553837

The mass deletions always begin just before we reach a new 1000th page. Prepare to go back in time!!

Throw your dreams into space like a kite, and you do not know what it will bring back, a new life, a new friend, a new love, a new country, a new page.

Anais Nin

edit : oh look, a new page 

Lol splawik... Sorry but you was/are/will be, wrong on all the line on this one...

Maybe we'll never reach 5K....  

This is not about banksters.  This software by Reggie Middleton is about trading and hedging commodities.  Reggie is a really smart guy, forecasting the best performing stock for the last few years.  Bitcoin is ideal for this purpose, it can trade between countries and settle in a few hours.  Really, a big benefit to traders.  Of course, DASH would be quicker.   

This software isn't adding regulation, it is about a decentralized way to trade or hedge commodities or currencies by anyone.  The example given is like buying an insurance policy that would limit the loss of a mining operation if bitcoin fell 7%.  It doesn't have anything to do with taking profits from miners or handing control to bankers.  This type of thing can already be done if you have a big investment broker, but using this software enables much smaller investments and lower fees.

Lol, I was thinking about music streaming services yesterday, I was sad because Grooveshark was closed down after 10 years because they lost the legal battle against the music industry. They had around 30 million subscribers and were forced to close doors overnight, I know because I was a customer and actually prepaid the service until next year  .  In retrospective 10 years ago the whole music streaming space was not yet very developed and they did not seek legal agreements with music labels at the time.  On the other hand, services like Spotify, went the legal route and are now being very successful.  

Grooveshark as a pioneer ended up being a martyr, the music streaming business will continue to develop but they will not be a part of that. That is why Bitcoin start-ups are being so careful they don't want to be forced to close down 10 years from now just because banks found legal holes in their operation they can exploit.  And that is also why Dash should include the added privacy and fungibility at the protocol level, so even when Dash start ups are fully complying the users of the system still enjoy all those benefits as they are not coming from the private businesses built around the protocol but from the protocol itself.

and the greek tragedy continues : http://www.bbc.com/news/world-europe-32580919

That's the spirit, Mrs Robinson 

OK, I feel spanked 

I guess I've been fuming since I read that banks are going to use Bitcoin, but as far as I can see, not provide support to the system.  But I can see you are correct.  I'll go stand in the corner for an hour, is that enough?  Should I have a longer time-out?  LOL.  Seriously, I stand corrected.

I respectfully disagree with this view on Bitcoin. Bitcoin is doing the hardest thing, which is bringing legitimacy to crypto currency.  They are facing government and regulators, explaining the technology and so far being successful in making it legal. The government could have as easily made Bitcoin illegal, but thanks to BTC lobbying they did not, actually declared it property, defined taxation regulation, etc. These are really good things for all crypto specially at this phase.

Crypto does not have a complete economy yet, where salaries are paid in crypto, suppliers are paid in crypto, and that will still take a long time. In the meantime, entry and exit points into FIAT are crucial for the system to work. Just ask yourself if there were no FIAT to Crypto exchanges what value would crypto have?  And FIAT entry and exit points can not function outside of regulation.  In my opinion is easy to criticize Crypto start-ups for working with regulation, but they are running a business and legal security is crucial for the continuity of the business.

In my opinion, crypto can make a big difference, while complying with regulation, by creating a more competitive environment for traditional banking services, remittances, etc.  Force them to offer a better service and lower fees through competition.  That is what you should expect from crypto start ups, the better fungibility needs to come from the protocol itself.

 That is why I see the stronger fungibility of Dash as a very important advantage, even if Dash businesses are complying with KYC/AML and other regulations, you still have denominated digital cash so you have to work around that, it makes for a stronger system. You can create controls by amounts or other ways just like you do with physical cash but you can't change its nature as digital cash.  

I don't think is reasonable for a crypto currency like Bitcoin after it reaches a certain size to operate completely outside of the law, that is Utopian in my opinion.  Also as a market develops there will always be private interests and bigger players, it is a market after all. I think the real question would be: is Bitcoin reaching more people? Is it providing better alternatives for users than traditional systems?

please donate to coins101 and his wives and all the children too...
if we donate enough he will have his own football match and we can bet on directbet which part of family will win

2 pages to go 5K  

I feel we`re going backwards....

edit: yes we are accelerating ..... no more bumping how many pages remains.....

that took some googling but i now know the meaning of Cemel Dosce
(i guess i'm not used to getting latin thrown back at me  )

Gnostically,

know thyself trolls, know thyself ...

Kai, you bad boy!  LOL

Cool,

Banksters and private interest groups have taken over Bitcoin
Hopefully, if there are any independent node runners left, they'll stop running them in protest
and now miners can't afford to keep mining on low BTC prices, so hopefully they'll give up on sha-256, or go with another coin.

Result?  Banksters, regulators and private interests will have handicapped BTC to the point where they won't be able to call it decentralized by any definition, and certainly not private.

Here comes DASH to the rescue!